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SOL $83.86 +1.36%
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LINK $8.97 +2.06%
HYPE $36.19 -1.00%
AAVE $98.97 +1.02%
SUI $0.8944 +1.91%
XLM $0.1705 +1.60%
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After Pump.fun stopped the live streaming feature, revenue dropped by 33%

2024-11-29 21:03:29
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ChainCatcher news, according to DL News, Pump.fun allows users to create and launch their own memecoins. As of November 24, its daily revenue has increased fivefold to $5 million. However, this week the site's revenue dropped by one-third to $3.6 million.

Later this week on Monday, Pump.fun announced a ban on live streaming features. DefiLlama data shows that from Sunday to Monday, its revenue fell by about $1.5 million, marking the largest single-day price fluctuation since DefiLlama began collecting data on the platform in March.

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